Fire insurance protects individuals and organizations from the disastrous effects of fire-related disasters. It is one type of liability insurance that provides full financial protection by covering damages caused by fires, lightning strikes, explosions, and specified dangers. It goes above the typical limitations of standard commercial property or property insurance policies and marine insurance policies, giving additional coverage for replacing, repairing, or reconstructing insured properties such as buildings, inventories, and equipment.
Disclaimer: This is a user generated content submitted by a member of the WriteUpCafe Community. The views and writings here reflect that of the author and not of WriteUpCafe. If you have any complaints regarding this post kindly report it to us.